Critical Thinking 2.1

Many people say that businesspeople do not do enough for society. Some students choose to go into the public sector instead of business because they "want to help others." However, businesspeople say that they do more to help others than nonprofit groups do because they provide jobs for people rather than giving them charity, which often precludes them from searching for work. Furthermore, they believe that businesses create all the wealth that nonprofit groups distribute. Can you find some middle ground in this debate that would show that both businesspeople and those who work for nonprofit organizations contribute to society and need to work together more closely to help people? Could you use the concepts of Adam Smith to help illustrate your position?

Critical Thinking 2.2

How does the unemployment rate in your area differ from that of other regions in the country? You may want to search the Internet to find out. Do the prices you pay for everyday goods and services seem to be rising or falling, or cant' you tell? What are some of the factors that affect the economic condition of your state?